Forex-Analysis for 20 September 2013
No important data are coming today. We therefore limit ourselves today to the possible entries.
EUR/USD
Long: > 1,3555
S/L: 25 Pips
TP: 40Pips
Trailing Stop: 25 Pips
Short: < 1,3510
S/L: 25 Pips
TP: 40 Pips
Trailing Stop: 25 Pips
GBP/USD
Long: > 1,6082
S/L: 25 Pips
TP: 40 Pips
Trailing Stop: 20 Pips
Short: < 1,6015
S/L: 25 Pips
TP: 40 Pips
Trailing Stop: 25 Pips
UDS/JPY
Long: > 99,54
S/L: 25 Pips
TP: 40 Pips
Trailing Stop: 25 Pips
Short: < 99,15
S/L: 25 Pips
TP: 40 Pips
Trailing Stop: 25 Pips
The data for entry, S/L and TP are shown as a guide only and that is probably conservative. They can be adapted to the current market behavior and your own trading style. Also be reminded at the possibility to take part of the benefits in a positive trade.
Risk Warning / Disclaimer
The opinions of the author to market behavior do not constitute a solicitation to buy or sell any financial products, but are merely a personal opinion. When you go into the trade in leveraged financial products, you must be aware that a loss up to the amount of your deposit and in addition, can also be an obligation to arise. Make yourself familiar with the active trade or get independent advice before you invest your own money and use only invest money that you can get over the worst case.